FX:USDCAD I'll look for a retest on the main level 1.35000 and then just trade with the trend i to the upside. My take profit is there because of the fib which you can see better in the 4h view.
4hr coming to a nice unmitigated resistance daily is also creating a lower high to make a lower low wait for candlestick confirmation
This is a counter trade and it's risky. The overall trend is bullish, but I believe it's a pullback that hasn't finished yet, therefore it needs to go down before it can go up to make new highs. Don't do this at home
Today's actions: NZDCAD : A strong buy, which also happened today. Trend is buy. Alarm set. EURNZD : the sell has gone out again. Despite the fact that all signals are on short. We'll leave this pair alone for now. GBPNZD : all signals are short. yet this pair does not convince a sell action. Let's let this one go for a moment. AUDNZD : a new sell is given as...
This was a great trade on the FVG. i saw a rejection and rejection on M30
USDCAD (LONG)- If all the support holds in place. If we see the Support broken out then we could see the shift in the trend. I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) on the chart. (THIS IDEAS VALID NEXT 24 HOURS) Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently...
✅USD_CAD surged again to retest the resistance But it is a strong key level So I think that there is a high chance That we will see a bearish pullback and a move down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Hello traders. My view for USDCAD in weekly TF analysis.
Hello,Traders! USD-CAD is going up now But a strong horizontal resistance is ahead So I think that after the retest We will see a move down Sell! Like, comment and subscribe to boost your trading! See other ideas below too!
USDCAD has taken support from trendline, making HH and H. Long trades can be profitable.
On this Pair, we are anticipating for a BUY continuation trade, after we had a Strong Pullback, we also have a Shift in Trend on he USD, while we have a break of lows on the CAD, that signify that the CAD is weak, we have a Break of structure on our TF, also we have our Multi-timeframe analysis in alignment with this SETUP.
oticed bearish candles near the resistance so going short with this
I'll be follow the USDCAD from this senario, waiting for 1.35500 for SELL position with 1.32280 target for sweeping he huge liquidities in this area. If this analysis goes wrong at any point, it will show me the right path and I will update this analysis for new positions in right way on price movement. FX:USDCAD
Hey traders, Here is our technical outlook on USDCAD. The level where the price is trading right now is peculiar and the price will most likely bounce from that. ❤️ Please, support our work with like & comment! ❤️
Hello, Friends! I was watching USD/CAD for a while Waiting for this moment And now the price action On the lower timeframes Has given me what I was expecting to see Making me bearish on USD/CAD mid-term! SELL! ✅LIKE AND COMMENT MY IDEAS✅
USDCAD his bouncing off trendlines with formatoin of Ascending channel. USDCAD if the minor Resistance hold at 1.3470 seems to hold already we are seeing a pull down to 1.3326 tp2 1.3238 from current price of 1.3418
USDCAD seems to have reached an end of its temporary bullish retracement. Consequentially, what is to follow is the resumption of the previous dipping. Trade well and take care.
Going Long in USDCAD. Using FIB to identify the support and Resistance. - Taken 2 trades 1.TP1 & 2.TP2 - Using FIB cutoffs as support for SL & TP - Trade 1: Using AB=CD for TP1 - Trade 2: In case the Bullish trend continues